Illinois § 4.3

Full text of Illinois Illinois Compiled Statutes § 4.3, with citation guidance and answers to common questions.

§ 4.3.

Upon receipt of an application from an ambulatory currency exchange for the conduct of its business at a location to be served by it, the Secretary shall cause an investigation to be made to determine whether to issue said license. No fee shall be charged for the investigation of an application for a location license. The Secretary shall employ the following criteria in making his determination: (1) the economic benefit and convenience to the persons to be served at the location for which a license has been requested; (2) the effect that granting a license will have on the financial stability of community currency exchanges; (3) safety benefits, if any, which may accrue from the granting of the location license; (4) the effects, if any, which granting of a license will have on traffic, and traffic congestion in the immediate area of the location to be served; (5) such other factors as the Secretary shall deem proper and relevant. (Source: P.A. 97-315, eff. 1-1-12.)

Frequently Asked Questions About Illinois § 4.3

What does Illinois Compiled Statutes § 4.3 cover?

Section 4.3 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Illinois § 4.3?

A common citation format is "Illinois Compiled Statutes § 4.3" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Illinois law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.

How does Illinois § 4.3 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.